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Coins (Category: Coins & Paper Money )
The systematic accumulation and study of coins, tokens, paper money, and objects of similar form and purpose. The collecting of coins is one of the oldest hobbies in the world. With the exception of China and Japan, the introduction of paper money is for the most part a recent development meaning since the 18th century. Hence, while paper money and other types of notes are collectible, the history of that form of collecting is distinct from coins and largely a modern phenomenon. Early coin collectingThe long-held view that coin collecting began with the Italian Renaissance has been challenged by evidence that the activity is even more venerable. Suetonius (ad 69–122) relates in his De vita Caesarum that the emperor Augustus was fond of old and foreign coins and gave them as gifts to his friends. In addition to this account and a variety of other literary accounts of collecting from Greek and Roman sources, there is tangible archaeological evidence that coins have been collected at least from the Roman era and probably for as long as they have existed. For example, a hoard of some 70 Roman gold coins found at Vidy, Switzerland, did not contain any two specimens of the same type, which implies that the coins were collected during the period of Roman rule in that town. The hobby of kings and the rise of numismatic scholarshipThe main difference between coin collecting before and after the Renaissance is the development of an active market. With the new wave of interest, demand for antique coins greatly exceeded the available supply. During the 15th and 16th centuries, ancient-coin collecting became the hobby of kings, and the list of collectors is a list of European nobility. At the same time, famous artists were employed by these patrons to create replicas of ancient coins and portrait or commemorative medals, which became collectible in their own right. The appetite of collectors fueled a cottage industry of agents and prompted a search of source lands for salable artifacts. As might be expected, the insatiable market created such demand that it also fostered the introduction of forgeries. Modern collectingThe web of private coin collectors increased dramatically during the 19th century, and handbooks for the novice began to appear. The scope of collecting broadened from ancient coins to coins of the world, and the activity became a popular hobby. Numismatic societies were formed throughout Britain, Europe, and the United States, with membership open to all ranks of the general public. Periodicals about coin collecting emerged, and the growing appetite of new advocates led to a prosperous industry. The 20th century saw an even greater widening of the coin-collecting fraternity, with the establishment of coin shows, numismatic conventions, international conferences, academic symposia, and a proliferation of local clubs. Some of these clubs banded together to form large and influential associations. At the same time, the community of professional numismatists (coin dealers) became more tightly knit, and trade associations were established.
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